First-Time Homebuyers in India: Are You Claiming Your Full Tax Benefits

First-Time Homebuyers in India: Are You Claiming Your Full Tax Benefits

First-time homebuyers in India are frequently missing out on a significant tax break: a ₹50,000 additional deduction on home loan interest under Section 80EE of the Income Tax Act. This crucial benefit is often overlooked, with even banks and some financial advisors failing to highlight it. This lesser-known provision can considerably reduce a buyer’s tax … Read more